This article originally appeared on Fox News on July 26, 2019.
The Trump economy continues to boom, a new government report showed Friday, defying the consistently pessimistic and inaccurate predictions of liberal economists.
The good economic news is bad news for Democratic partisans, who are hoping and praying for a recession. They know the better our economy performs, the worse the odds are that a Democrat will defeat President Trump in the 2020 election and the worse Democrats will do in House and Senate races.
The Commerce Department reported Friday that the U.S. gross domestic product grew at an annual rate of 2.1 percent in the second quarter of the year – significantly higher than the 1.8 percent most so-called experts had predicted.
While fluctuations in quarterly GDP growth are normal, before the official data was even released liberal economists – many strongly opposed to President Trump – argued that their predictions proved the American economy is in the midst of rapid deceleration, heading towards a recession.
Unfortunately for the president’s political adversaries, that’s not happening.
Not only did the experts get their growth predictions wrong, but they utterly failed to recognize that other fundamental economic indicators also remain strong.
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